- The Australian government has set a timeline for e-invoicing with Commonwealth agencies, requiring 30% of supplier invoices to be exchanged via the Peppol network by mid-2026 and full automation by December 2026. Resources have been provided to assist agencies and suppliers, including guidance, a dedicated webpage, and a list of compliant suppliers. The ATO has introduced an online training course for small businesses and confirmed that e-invoices are valid tax invoices.
Source: p2pnetwork.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Australia"
- Australia Publishes Updated Consolidated Text of New Tax System (GST) Act 1999, Effective Jan. 1
- OECD Urges Australia to Broaden and Raise GST for Fiscal Sustainability and Economic Growth
- OECD Urges Australia to Raise GST and Boost Affordable Housing to Address Budget Deficit
- GST Fraud, False Invoicing, and Gold Dealer Scams Top ATO’s Crime-Fighting Priorities
- Understanding GST Exemptions, GST-Free, and Input Taxed Status for Australian Businesses
